Well Presented Convenience Store - Tyne & Wear for Sale

Tyne and Wear

Freehold : £ 240,000This superb, high turnover business is situated on a main through road in the picturesque village of Rowlands Gill, in the large town of Gateshead which is in Tyne and Wear, Rowlands Gill is located on the north bank of the River Derwent with open space and views across the valley. The business is surrounded by many residential properties and as such benefits from a lot of footfall and passing trade. Gateshead is within easy reach via the A184 and the area is served by the A694 which connects to the extensive motorway networks beyond.

WELL PRESENTED CONVENIENCE STORE - TYNE & WEAR
Long established and highly reputed business
Situated in the desirable town of Gateshead
Advised annual turnover of £392,168
Ideal lifestyle opportunity
Genuine reason for sale
Post Office counter
Walk in condition
Off licence sales
FREEHOLD

Business History
Meridian Business Sales are delighted to offer to the market this well established convenience store which has been in our client’s careful hands for 25 years. The only reason this excellent business is being offered to the market is due to our clients desire to take well deserved retirement. Since the business was established our clients have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively. Our clients advise us that the annual turnover currently runs at £392,168 which is derived from the sale of a variety of goods and services including newspapers, magazines, cards, general convenience items, and chilled, frozen foods and alcohol. The business offers Post office services, an ATM and lottery which attracts further custom. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. With the benefit of owners accommodation, which could be let, this is a superb opportunity to purchase a true lifestyle business in a semi rural area in the UK and as such early viewing is strongly advised as this excellent business is not to be missed.